BSP to Present at LDV Capital Management 2008 Growth &
Value Investor Conference

 

MARGATE, FL – February 21, 2008 –MediaNet Group Technologies, Inc. (OTCBB: MEDG), the largest online mall and affinity program platform through its BSP Rewards subsidiary, today announced that it has been selected to present at the LDV Capital Management 2008 Growth & Value Investor Conference. The 2008 Growth & Value Conference is being held at The Westin Fort Lauderdale, February 27-28, 2008. The two-day conference is hosting 32 publicly-traded companies, representing six different stock exchanges in 13 industries.

The Company also announced today that as a direct result of its recent agreements with Challenger Sports Corporation, EDebitPay, LLC and other new clients, it has added 150,000 new members to the mall since the end of the year, increasing the mall to over 500,000 members. This substantial increase in new members confirms the Company’s strategy of establishing BSP Rewards as the “new standard” of loyalty reward programs through a network of member provider companies, organizations and retailers while building a continually expanding base of passive residual income for the Company, clients and resellers.

Martin Berns, chief executive officer of MediaNet Group said, “We are pleased to be considered and included among a group comprised of established and well regarded publicly-traded companies. The invitation to participate at this conference demonstrates that members of the investment community are interested in our unique concept and significant investment potential.”

LDV Capital Management is recognized for providing investment management services to a diverse roster of clients. LDV is an employee-owned firm known for its stability, continuity, and well-defined research-driven investment approaches. The firm uses a bottom-up approach to investing that is based on adding value through fundamental and quantitative research. LDV manages growth and value U.S. equity, international small-cap equity, U.S. fixed income, and U.S. balanced portfolios. LDV is dedicated to building long-lasting relationships with clients through consistent outperformance and exceptional client service. Additional information on the LDV Capital Management 2008 Growth & Value Investor Conference is available on the Internet at www.ldvcapitalmanagement.com.

 

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BSP Rewards, Inc, is a wholly-owned company of MediaNet Group Technologies, Inc. MediaNet Group Technologies is a publicly held Company (OTCBB: MEDG) that encompasses an integrated group of operating divisions that revolve around the many aspects of technology and media including, branded rewards programs web portal programs, television and video production and intellectual properties.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MediaNet Group Technologies, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.